Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against SunX+0.094%7-day average −0.008% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)−0.252%−$25 · spread now +0.094%, 7d avg −0.008%
=The price spread pays, funding is against you. Gate is 0.102% dearer against SunX than usual: you sell high and buy low (spread +0.094% now, against its 7-day average of −0.008%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CIEN-USDT | 372.05 | 0.0100 | pay 0.0100% / 8h | 4h 50m | $1K | $897K | 10x |
| Short | Gate CIEN_USDT | 372.40 | 0 | get 0.0000% / 8h | 4h 50m | $300K | $37K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.094% → −0.008%
- $10.23
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$33.77
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 22 min ago; Gate: live order book, 4 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 22 min ago | 500.64 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 16.13 bp | 78.9 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
CIEN on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CIENUSDT | 0.0000% | 8h | 372.20 | +0.040% | $176K | $405K | 25x | as long as short |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 371.93 | −0.032% | $132K | $185K | 20x | as long as short |
| Gate CIEN_USDTshort | 0.0000% | 8h | 372.40 | +0.094% | $300K | $37K | 20x | |
| Bitget CIENUSDT | 0.0000% | 8h | 371.90 | −0.040% | $95K | $189K | 20x | as long as short |
| Variational Omni CIEN | +0.0028% | 8h | 372.31 | +0.070% | $49K | $55K | — | as long as short |
| QFEX CIEN-USD | +0.0080% | 1h | 371.57 | −0.129% | $1.2M | $4.2M | 10x | as long as short |
| KuCoin CIENUSDTM | +0.0100% | 8h | 371.88 | −0.046% | $100K | $188K | 20x | as long as short |
| SunX CIEN-USDTlong | +0.0100% | 8h | 372.05 | long leg | $1K | $897K | 10x | |
| HTX CIEN-USDT | +0.0100% | 8h | 375.29 | +0.871% | $9K | $41K | 10x | as long as short |
| Binance CIENUSDT | +0.0121% | 8h | 372.30 | +0.067% | $531K | $1.2M | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:CIEN | +0.0365% | 1h | 371.93 | −0.034% | $69K | $114K | 10x | as long as short |
SunX CIEN-USDT
Gate CIEN_USDT
Bybit CIENUSDT
OKX CIEN-USDT-SWAP
Bitget CIENUSDT
Variational Omni CIEN
KuCoin CIENUSDTM
HTX CIEN-USDT
Binance CIENUSDT
Paragon para:CIEN